Member Info for deserttrader

KN Parker, I hear you too, have been in GGP for over a decade and there are times when it has worn me out. I suppose the key is not to be too emotionally attached, which is hard to say the least. It's a fascinating story GGP which I had originally given up on many years ago, however Hav has brought it back to life and some. There are times when I wished someone would come in with a good offer so that I can exit. Having seen highs of 38p, its very much difficult not to sell for anything less. However we have to be patient in order to be rewarded correctly and hopefully deservedly. As we read every 6 weeks, every drill result is only increasing the find. GLA

It's a fair point Chester, but at the same time I don't think even SB would be allowed to make a bid without MRE2 or FS, has to be some type of accountability to shareholders and corporate governance. Additionally the GGP board would not recommend any takeover to shareholders without basic facts such as MRE and FS being presented.

just to add, if they didn't get an answer back from NCM of why the resource upgrade didnt come out, then something really is amiss.

All in all a strong performance from SD. It is fair to say he isn't as happy as he would like to be that the upgraded resource did not come out. Although he used the word "surprised" that could have been replaced with frustrated that the upgraded resource did not appear, which is required to help with FMV progress moving forward. Am sure when originally informed it wasn't happening, they must have said "why not"? We didn't get to the bottom of that in the interview of the reason for it not been forthcoming. Surely as 30% owners a reason was provided, but hasn't been declared to us so far. Thats the part that puzzles me. They must be pressing for that MRE, how can they finalise the 5% if they don't provide it. I felt comfortable with SD's performance, he wants FMV for us all and looks like he is willing to put the gloves on if needed.

worth a look

I think thats the point Prof, we do not know what each of us are dealing with away from this board, therefore we may not agree with each other but we can at least be respectful to each other.

Jsd - Fingers crossed a predicted graphite squeeze in QTR1 will assist the value of the project too.

Wiggly, I have to agree with you. It maybe 31st December, but we are in the middle of the pandemic with shortages of LFT's globally. Avacta Diagnostics should be at least amplifying the messages are across Twitter etc. The recent CE marks have to be marketed B2C whilst internally the company works on B2B etc. I know patience is required from shareholders , but at least tell the world what you have. HNY everyone.

How frustrating it was to watch the ITV news just now with the lead story being about the shortage of LFTs in the UK. The British diagnostic industry desperate to help and produce them and yet we wait. I really hope our patience is rewarded.

noted MilkMonsta - fair point - I believe a certain percentage can also be awarded on technical achievements , which could mean HUA, AVA6k advancement etc.

We will know more shortly.

So AS has 2.5 trading days to get the SP above 150p so that he can avail of options - what has he got up his sleeve? Fingers crossed.

As seen on Twitter the link to the approved FDA medical device list. Last updated on the 22/12.

https://www.fda.gov/medical-devices/coronavirus-disease-2019-covid-19-emergency-use-authorizations-medical-devices/in-vitro-diagnostics-euas-antigen-diagnostic-tests-sars-cov-2

on my birthday too!

One thing is for sure that we all can agree on, its a much more pleasant board to read and discuss points objectively than the recent past. Almost, just maybe the Xmas spirit is amongst us. GLA.

A point to add, It's at these times, it is beneficial that two of our non-exec directors (Clive and Paul) can provide guidance and support for SD, as they both have held senior positions with Rio and NCM, managing investments and developments and projects. All helps over the coming weeks.

I think one of the key benefits of this news is that it provides strength to the project, GGP and the SP. NCM have not messed around and already set out their intentions to acquire the 5% FMW. For newbies and potential II's this can only help. The challenge (good challenge) that if one of the targets outside the current MRE - e.g Zipa and HAV north strike some good assays, could SD link the outcome to a further "bonus" inclusion within the 5% FMW down the line? Of course any strike will increase the value of the 25% - maybe am just being greedy.

Remember it well TT, that was the first time Redirt came onto to the board and was very excited. We know what happened a few weeks later when the assays were out for HAD5.

I think what is very encouraging from the GGP tweet is the emphasis on the Eastern Breccia. As we know they are way ahead of us of what is known down there. Hopefully we will know more next week of further results in that area. Am no expect but that area must be a potential bulk caving option. Get that ASIC costs down.

WF - it would appear SD directly replied to your comment on twitter and thus answering your queries on this board.

GGP up for another award - Gold Mining Journal Explorer of the Year.

https://twitter.com/GreatlandGold/status/1461172030687043597